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ETSY

Etsy, Inc.

ETSY

NYSE·Consumer Cyclical·Specialty Retail·Mkt cap $6.9B

$75.97

+4.31%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$44.00 - $80.41

P/E

26.29

Fwd P/E

18.57

Beta

1.86

Div Yield

0.00%

Avg Vol

3.1M

Shares Out

94.9M

Mkt Cap

$6.9B

Price action

Price chart

Up 37.5% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Strong network effects with millions of unique sellers and buyers
  • Iconic brand with high customer loyalty and trust in artisan communities
  • Diversified revenue streams beyond marketplace fees
  • Vertically integrated ecosystem with owned platforms like Depop

Bear Case

1 risk

  • Above-average volatility (beta 1.9).

Growth

Stable outlook

Expansion of advertising services and seller monetization tools

Value

Fairly valued vs Specialty Retail peers

Momentum

Hot

+41.0% over 3m

Quality

Excellent

Excellent business quality

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Jul 29, 2026

Q2 26 RECAP

APR 29, 2026

Reported EPS of $0.89 vs $0.62 consensus (+43.5% surprise). Revenue of $631.3M vs $621.4M expected (+1.6%). Beat on both top and bottom lines.

EPS beat +43.5%
Rev beat +1.6%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+43.5%

Next: Jul 29, 2026

Revenue trend · last 8Q

+4%

+2%

+3%

+3%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$647.8M

$662.4M

$852.2M

$612.2M

$672.7M

$678.0M

$881.6M

$631.3M

Margins · last 8Q

Gross

72.2%

Operating

19.0%

Profit

11.0%

Wall Street consensus

17 analysts · 47% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

8

47%

Hold

8

47%

Sell

1

6%

Median Price Target

$72.00

-5.2% vs $75.97

Low $59.00
Median $72.00
High $85.00

Latest: Bank of America · May 28, 2026

10 analysts covering

vs Industry

How ETSY stacks vs Specialty Retail

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.